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Beach Restaurant in Syros  /Cyclades  (Code: 011520318)

On a beautiful, quiet and small bay in Syros a beach restaurant blending perfectly with the natural environment has captured the hearts of locals and tourists alike.

 

The menu is inspired by Aegean Cuisine, Fish takes center stage and special emphasis has been placed on fresh, local, Cycladic ingredients. A special menu for kids makes sure that the most demanding customers are satisfied.

 

Syros is changing and is slowly but surely investing in Tourism. A far cry from the hassle and bustle of other Cycladic Islands, Syros offers more tranquil, alternative tourism and the slow food culture of the restaurant fits perfectly with the islandís qualities. Tourism is on the rise and this can only mean great opportunity for the new owner.

 

With Ä 250 thousand in Sales and Ä 55 thousand in Profits this is a really attractive investment, taking into account that you only have to run the business from May to October.

 

The Restaurant is located on a plot of land of 2.500 square meters. It has the capacity to cater for 200 clients outdoors and 120 clients indoors. Current owners have applied for a permit for beach umbrellas, thus intending a further source of revenue to the business.

 

The founder of the business has successfully brought the business to its current esteemed position and is now looking to balance his business ventures with his personal life.

TRANSACTION TYPE

Asset Sale

 

 

REASON FOR SALE

Work-life balance

 

 

 

 

Financial data:  
Sales:
250.000 Ä
Profit:
55.000 Ä
Asking Price:
130.000 Ä
Down Payment :
130.000 Ä
 
For more information please contact us.

The financial figures presented in this section have been derived from the sellerís financial statements and/or form the sellerís tax returns and/or from sellerís representations. Recast profits (before interest, taxation depreciation and amortization) and sales have been normalized to reflect a typical fiscal year for the business.

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